TrueCar Inc expected to post a loss of 3 cents a share - Earnings Preview

TrueCar

16/02/2024 22:13

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Santa Monica California-based  company is expected to
report
a 14.1% increase in revenue to $41.845 million from $36.66
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TrueCar Inc is for a
loss of 3
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.00​, below​ its last closing price of $3.93. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.07       -0.06      -0.02     Beat    69.2
 Jun. 30 2023  -0.13       -0.14      -0.09     Beat    33.8
 Mar. 31 2023  -0.15       -0.15      -0.15     Met     0​
 Dec. 31 2022  -0.15       -0.14      -0.15     Missed  -8.7
 ​​Sep.        -0.11       -0.11      -0.13     Missed  -18.2
 30 2022                                                
 Jun. 30 2022  -0.12       -0.12      -0.06     Beat    45.8​
 Mar. 31 2022  -0.09       -0.08      -0.10     Missed  -29.6
 Dec. 31 2021  -0.03       -0.02      -0.07     Missed  -226.6
 This summary was machine generated February 16 at 22:13 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)